With the rising cost of living and unpredictable markets, more Kenyans are turning to Money Market Funds (MMFs) as a safe, accessible, and profitable way to grow their savings. Whether you're just starting to invest or looking for a low-risk option to park your emergency fund, MMFs provide a powerful solution.
“I used to save my money in a bank account, and it barely grew. But when I discovered the CIC Money Market Fund, everything changed. I started with just KSh 5,000, and now I’m earning daily returns — all while having access to my cash anytime I need it. I wish I knew this earlier.”
In this post, we break down the top-performing MMFs in Kenya for 2025, including how they work, what returns to expect, and how you can get started even with as little as KSh 100.
🔍 What is a Money Market Fund (MMF)?
A Money Market Fund is a type of collective investment scheme that pools money from many investors and invests it in short-term, low-risk instruments such as Treasury Bills, Commercial Paper, and fixed deposits.
They are ideal for people who want:
- Steady interest income
- High liquidity (you can withdraw easily)
- Low risk with better returns than a savings account
💰 Why Are MMFs Popular in Kenya?
MMFs have gained massive popularity in Kenya for the following reasons:
- Higher interest rates: MMFs offer returns ranging between 9%–12% annually.
- Low starting capital: Some MMFs let you start with as low as KSh 100–1,000.
- Flexible access: You can withdraw your money anytime, making it perfect for emergency funds.
- Mobile-friendly: Most MMFs now offer easy M-PESA deposits and apps for tracking your growth.
🏅 Top Money Market Funds in Kenya 2025
1. CIC Money Market Fund
CIC MMF is one of the most trusted and widely used MMFs in Kenya, backed by CIC Asset Management.
- Annual Yield (2025): ~11.2%
- Minimum Investment: KSh 500
- Key Features: Mobile app, M-PESA deposit, daily interest accrual
2. Britam Money Market Fund
Britam MMF is another top option, ideal for conservative investors looking for stable returns from a reputable provider.
- Annual Yield (2025): ~10.5%
- Minimum Investment: KSh 1,000
- Key Features: Strong customer support, mobile onboarding, daily updates
3. NCBA Money Market Fund
Run by NCBA Investment Bank, this MMF is gaining traction for its ease of use and high reliability.
- Annual Yield (2025): ~10.9%
- Minimum Investment: KSh 5,000
- Key Features: Great digital experience, NCBA account holders enjoy faster access
4. Sanlam Money Market Fund
Sanlam’s MMF stands out for transparency and consistent performance, suitable for both individuals and corporates.
- Annual Yield (2025): ~10.3%
- Minimum Investment: KSh 2,500
- Key Features: Daily interest, easy mobile deposits, professional management
5. Old Mutual Money Market Fund
Old Mutual’s MMF offers stability and competitive yields, with a focus on long-term financial planning.
- Annual Yield (2025): ~10.7%
- Minimum Investment: KSh 1,000
- Key Features: Strong reputation, user-friendly onboarding, great for salaried investors
🔗 Official Old Mutual MMF Page
🧮 Example: KSh 10,000 in CIC MMF
📝 How to Start Investing in a Money Market Fund
You can begin with just a few easy steps:
- Choose a fund that suits your income and goals.
- Visit the official website or download their app.
- Register online with your ID, KRA PIN, and phone number.
- Deposit via M-PESA or bank transfer.
- Track your returns daily via SMS or app.
🧠 Pro Tips for New Investors
- Compare yields and management fees before choosing a fund.
- Use MMFs for short-term savings, emergency funds, or parking cash between investments.
- Reinvest your returns monthly for compounding benefits.
📊 MMFs vs. Bank Savings Account
| Feature | Money Market Fund | Savings Account |
|---|---|---|
| Annual Interest Rate | 9% – 12% | 2% – 4% |
| Withdrawal Flexibility | High (within 48 hrs) | Moderate |
| Minimum Deposit | KSh 100 – 5,000 | KSh 500 – 1,000 |
| Risk Level | Very Low | Low |
💬 Final Thoughts
In 2025, investing in a Money Market Fund is no longer just for the wealthy — it's for any Kenyan who wants to secure their financial future, earn better returns, and maintain easy access to their money. Whether you choose CIC, Britam, NCBA, or another reliable provider, you're making a smart money move.
Start small, stay consistent, and watch your savings grow.Remember, the secret is to invest consistently even KSh 500 a week adds up fast!
👉 Want more personal finance tips? Keep following Smart Money Guide — your trusted resource for build_
❓ Frequently Asked Questions
1. What is the minimum amount to invest in a money market fund in Kenya?
Most MMFs like CIC accept as little as KSh 500 to start. Others like Britam require KSh 1,000.
2. Is a money market fund better than a savings account?
Yes. MMFs usually offer higher returns and still allow flexible withdrawals.
3. How do I withdraw my money from an MMF?
You can withdraw via mobile money or bank transfer using the provider’s platform or app.
4. Is it safe to invest in MMFs in Kenya?
Yes. MMFs are regulated by the Capital Markets Authority (CMA) and invest in low-risk assets.
5. Which is the highest-paying MMF in Kenya in 2025?
Currently, CIC and Sanlam MMFs offer some of the highest interest rates in the market, between 10% and 11% annually.
